NEW YORK, Aug. 13, 2024 /PRNewswire/ — Inc. revealed today that Learneo, for the third year in a row, has made the Inc. 5000, its annual list of the fastest-growing private companies in America. The prestigious ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment—its independent, entrepreneurial businesses. Microsoft, Meta, Chobani, Under Armour, Timberland, Oracle, Patagonia, and many other household-name brands gained their first national exposure as honorees on the Inc. 5000.
“We are honored to be recognized as one of the fastest-growing companies on the Inc. 5000 list for the third year in a row,” said Andrew Grauer, CEO and co-founder of Learneo. “This achievement is a testament to the persistent and optimistic problem solving of our entire team. Our growth is driven by our mission to help people learn and do more, better, faster, and more affordable.”
The Inc. 5000 class of 2024 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges. Among this year’s top 500 companies, the average median three-year revenue growth rate is 1,637 percent. In all, this year’s Inc. 5000 companies have added 874,458 jobs to the economy over the past three years.
For complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, location, and other criteria, go to www.inc.com/inc5000. All 5000 companies are featured on Inc.com starting Tuesday, August 13, and the top 500 appear in the new issue of Inc. magazine, available on newsstands beginning Tuesday, August 20.
“One of the greatest joys of my job is going through the Inc. 5000 list,” says Mike Hofman, who recently joined Inc. as editor-in-chief. “To see all of the intriguing and surprising ways that companies are transforming sectors, from health care and AI to apparel and pet food, is fascinating for me as a journalist and storyteller. Congratulations to this year’s honorees, as well, for growing their businesses fast despite the economic disruption we all faced over the past three years, from supply chain woes to inflation to changes in the workforce.”
Formerly Course Hero, Inc., Learneo was formed in 2022 by Andrew Grauer and Gregor Carrigan to attract entrepreneurs and builders eager to empower anyone to achieve their fullest potential. Learneo provides an innovative approach to supporting productivity and learning through a platform of interconnected businesses. By fostering a mix of autonomy, decentralization, and collaboration, it allows CEOs to lead their respective teams effectively while benefiting from shared knowledge and integrated strategies across the platform. This collaborative approach helps businesses scale efficiently and solve complex problems more effectively.
The current portfolio includes CliffsNotes, the original and iconic study guide company; Course Hero, an online learning platform of academic resources; LanguageTool, an AI-based spelling, style, and grammar checker; LitCharts, a creator of literature resources; QuillBot, an AI-powered writing companion helping anyone improve their writing skills; Scribbr, a multilingual academic proofreading service; Digital Student Solutions, including bartleby and Student Brands, the go-to, online homework help service for students everywhere; and Symbolab, an AI-based mathematics resource.
About Learneo, Inc.Learneo is pioneering a platform of productivity and learning businesses. The platform of businesses includes: CliffsNotes, the original and iconic study guide company; Course Hero, the popular online study platform serving over 225,000 educators and millions of students; Digital Student Solutions, including bartleby and Student Brands, the go-to, online homework help service for students everywhere; LanguageTool, an AI-based spelling, style, and grammar checker; LitCharts, creator of extensive literature resources; QuillBot, an AI-powered writing assistant; Scribbr, a multilingual academic proofreading service; and Symbolab, an AI-based mathematics resource.
Based in Redwood City, CA, Learneo operates as a virtual-first organization with office hubs across the U.S., Canada, Israel, India, and the Netherlands.
More about the Inc. 5000 MethodologyCompanies on the 2024 Inc. 5000 are ranked according to percentage revenue growth from 2020 to 2023. To qualify, companies must have been founded and generating revenue by March 31, 2020. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2023. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2020 is $100,000; the minimum for 2023 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to four decimal places.
About Inc.Inc. Business Media is the leading multimedia brand for entrepreneurs. Through its journalism, Inc. aims to inform, educate, and elevate the profile of our community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating our future. Inc.’s award-winning work achieves a monthly brand footprint of more than 40 million across a variety of channels, including events, print, digital, video, podcasts, newsletters, and social media. Its proprietary Inc. 5000 list, produced every year since its launch as the Inc. 100 in 1982, analyzes company data to rank the fastest-growing privately held businesses in the United States. The recognition that comes with inclusion on this and other prestigious Inc. lists, such as Female Founders and Power Partners, gives the founders of top businesses the opportunity to engage with an exclusive community of their peers, and credibility that helps them drive sales and recruit talent. For more information, visit www.inc.com.
For more information on the Inc. 5000 Conference & Gala, to be held from October 16 to 18 in Palm Desert, California, please visit http://conference.inc.com/.
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